This 6-unit multifamily property features four spacious one-bedroom units with washer/dryer hookups and two well-designed efficiency units. The current owner has invested over $25,000 in upgrades, including refreshed kitchens, updated bathrooms, and modern paint throughout. A solid investment opportunity, the property combines functional layouts with recent enhancements. Financial information is available upon request with a signed NDA. Listing agent has an ownership interest in the property.
CondoProperty Type
1979Year Built
10,018 sq ftLot Size
$167Est. Price/Sq.Ft.
Listed by Mike Bethel• Shai-Hess Commerical Real Estate, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
72 ft.
Lot depth
141 ft.
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
2,940
Year built
1979
Style
Multi-Family (5+ Unit)
County
Licking County
APN
054-286314-76.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
MFR
Multi-Family Residence District
The purpose of this residential district is to provide an area for multi-family residential uses and those public and semi-public uses normally considered an integral part of the neighborhood they serve.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Park & open space
Property details
Interior
Heating & Cooling
Has Cooling
Cooling: Other
Heating: Oil
Multi-Unit Information
Number Of Units Total: 6
Exterior
Property Information
Property Sub-Type: Apartment
Year Built: 1979
Lot Information
Lot Size Area: 0.23
Lot Size Square Feet: 10018.8
Lot Size Acres: 0.23
Financial
Tax Information
Tax Annual Amount: $3,417
Tax Year: 2024
Lease and Rent Details
Owner Pays: Sewer, Water
Utilities
Utilities Information
Utilities: Water Available, Sewer Available, Electricity Available
Sewer: Public Sewer
Water Source: Public
Location
School Information
High School District: NEWARK CSD 4507 LIC CO.
Location Information
Cross Street: Derby Downs
Township: Newark
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,940
Stories: 1.0
Lot Size: 10,019 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1979
Year Renovated: —
County: Licking County
APN: 054-286314-76.000
Home facts updated by county records on Oct 14, 2026
Around this home
Schools
K - 12
Preschool & daycare
Legend Elementary School
Public K-5 • Assigned • 1.0mi
9/10
Liberty Middle School
Public 6-8 • Assigned • 1.1mi
7/10
Newark High School
Public 9-12 • Assigned • 2.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Newark, OH • 43055
Average low and high temperatures (°F)
31°
16°
40°
24°
59°
37°
67°
46°
69°
51°
82°
63°
85°
67°
81°
60°
80°
54°
65°
45°
53°
37°
41°
27°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 2.6 hours in December, placing it below the
U.S. average for solar exposure.